Bullish option flow detected in Dutch Bros with 3,756 calls trading, 1.2x expected, and implied vol increasing over 1 point to 41.21%. Jul-24 40 calls and Jun-24 40 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.54. Earnings are expected on August 6th.
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Dutch Bros call volume above normal and directionally bullish
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